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 Video: What is a Stock Split?
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| Collectors Universe provides third-party authentication, grading and related services for collectibles consisting of coins, trading cards, sports memorabilia and autographs. Co. authenticates and grades the quality of such collectibles for dealers, collectors and retail buyers and sellers of these collectibles. Co. also publishes magazines that provide market prices and information for certain collectibles and assets that are accessible on its websites. Co. sells advertising on those websites, and sells advertising in the magazines that it publishes and owns the Certified Coin Exchange subscription business, which operates an online market for graded collectible coins for dealers. According to our CLCT split history records, CLCT has had 1 split. | |
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CLCT (CLCT) has 1 split in our CLCT split history database. The split for CLCT took place on October 16, 2008. This was a 11 for 10 split, meaning for each 10 shares of CLCT owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as CLCT splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CLCT split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CLCT shares, starting with a $10,000 purchase of CLCT, presented on a split-history-adjusted basis factoring in the complete CLCT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
02/08/2021 |
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| Start price/share: |
$22.87 |
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| End price/share: |
$91.92 |
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| Starting shares: |
437.25 |
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| Ending shares: |
621.05 |
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| Dividends reinvested/share: |
$7.27 |
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| Total return: |
470.87% |
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| Average Annual Total Return: |
29.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$57,083.26 |
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| Years: |
6.80 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
02/08/2021 |
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| Start price/share: |
$22.87 |
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| End price/share: |
$91.92 |
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| Dividends collected/share: |
$7.27 |
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| Total return: |
333.73% |
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| Average Annual Total Return: |
24.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,366.40 |
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| Years: |
6.80 |
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| Date |
Ratio |
| 10/16/2008 | 11 for 10 |
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